What was the total revenue from fencing and rail for Canopy Lawn Care in 2024?
Canopy_Lawn_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
ED STATEMENTS OF INCOME FOR THE YEARS ENDING SEPTEMBER 30, 2024, 2023, AND 2022
| 2024 | 2023 ("As Restated") | 2022 ("As Restated") | |
|---|---|---|---|
| Revenue | |||
| Fencing and rail revenues | $ 24,961,275 | $ 23,390,797 | $ 16,879,944 |
| Franchise royalties and fees | 31,551,158 | 21,471,627 | 13,380,514 |
| Product sales | 11,624,045 | 9,875,832 | 8,878,823 |
| Residential and commercial roofing | 5,849,769 | 4,131,506 | - |
| Window and door installation | 3,448,901 | 1,058,329 | - |
| Franchise fees | 12,430,539 | 10,807,586 | 5,641,473 |
| Ancillary | 7,854,946 | 5,721,908 | 2,553,819 |
| Advertising fund contributions |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 55)
What This Means (2025 FDD)
According to Canopy Lawn Care's 2025 Franchise Disclosure Document, the company had fencing and rail revenues of $24,961,275 in 2024. This figure represents the revenue generated specifically from fencing and rail services across all of Canopy Lawn Care's operations, including both company-owned and franchised locations.
For a prospective franchisee, this indicates the potential market demand and revenue that can be generated from offering fencing and rail services under the Canopy Lawn Care brand. It's important to note that this is a system-wide revenue figure and not the revenue of an individual franchise.
It is important for potential franchisees to understand the factors that contribute to this revenue, such as the number of fencing and rail projects completed, the average project size, and the pricing strategy employed by Canopy Lawn Care. Further due diligence, including speaking with existing franchisees, is recommended to understand the revenue potential in a specific territory.